London Stock Exchange ETF segment · UCITS ETF
Invest in FEME ETF from India
Indian and foreign residents can buy Fidelity Emerging Markets Quality UCITS ETF (FEME) units directly through Paasa.
By Paasa · Updated
FEME at a glance
- Price
- $8.40-$0.02 (0.24%)
- Expense ratio
- 0.5%
- Day range
- $8.40 – $8.44
- Assets
- $230.8M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2019
- Dividends
- Distributing
- 1 month
- -0.94%
- 6 months
- +30.64%
- YTD
- +31.87%
- 1 year
- +36.14%
- 5 years
- +36.59%
Price change, excluding dividends.
Top 10 holdings
- 1SAMSUNG ELECTRO-MECHANICS (KSE#6453)9.0%
- 2MEDIA TEK3.5%
- 3DB HITEK CO LTD2.3%
- 4KING SLIDE WORKS2.1%
- 5SAMSUNG SDS2.0%
- 6ELITE MATERIAL1.9%
- 7LENOVO GROUP1.7%
- 8DELTA ELECTRONICS1.7%
- 9ASIA VITAL COMPONENTS1.7%
- 10LARGAN PRECISION1.6%
These 10 are 27.4% of the fund.
Where the money is invested
Sectors
- Technology43.3%
- Financial Services18.1%
- Industrials10.1%
- Consumer Cyclical9.3%
- Basic Materials5.1%
- Energy3.3%
Countries
- Taiwan (Province of China)33.8%
- Korea (the Republic of)21.8%
- China11.3%
- India10.6%
- Hong Kong3.8%
- Poland3.0%
How to invest in FEME from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Step 3
Search FEME and buy
Find the fund by its ticker, FEME, on the London Stock Exchange ETF segment, and place your order.
Why invest in FEME from India
What FEME holds
This investment vehicle is designed to deliver a comprehensive financial gain to its shareholders, incorporating both asset growth and generated income, mirroring the performance of the Fidelity Emerging Markets Quality Income Index before any associated costs or management fees. For a complete understanding of its investment goals, please consult the Key Information Document (KID) and the official Prospectus.
Outside US estate tax
FEME is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
FEME is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Why FEME's UCITS structure matters for Indian investors
FEME is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy FEME from India?
Yes. Indian residents can buy Fidelity Emerging Markets Quality UCITS ETF (FEME) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in US dollars. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What does FEME invest in?
Its largest holdings are SAMSUNG ELECTRO-MECHANICS (KSE#6453) (9.0%), MEDIA TEK (3.5%) and DB HITEK CO LTD (2.3%). Technology is its largest sector at 43.3%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of FEME?
Fidelity Emerging Markets Quality UCITS ETF has an expense ratio of 0.5% a year, taken from the fund's assets rather than billed to you. The fund manages about $230.8M.
Is FEME a UCITS ETF, and why does that matter for Indian investors?
Yes. Fidelity Emerging Markets Quality UCITS ETF is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
How are FEME dividends taxed in India?
Fidelity Emerging Markets Quality UCITS ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell FEME?
In India, gains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation, and gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.